Beken Corp (China) Probability of Future Stock Price Finishing Under 22.0
| 603068 Stock | 34.77 0.91 2.69% |
Beken |
Beken Corp Target Price Odds to finish below 22.0
The tendency of Beken Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 22.00 or more in 90 days |
| 34.77 | 90 days | 22.00 | about 15.86 |
Based on a normal probability distribution, the odds of Beken Corp to drop to 22.00 or more in 90 days from now is about 15.86 (This Beken Corp probability density function shows the probability of Beken Stock to fall within a particular range of prices over 90 days) . Probability of Beken Corp price to stay between 22.00 and its current price of 34.77 at the end of the 90-day period is about 81.02 .
Assuming the 90 days trading horizon Beken Corp has a beta of -0.31. This suggests as returns on the benchmark increase, returns on holding Beken Corp are expected to decrease at a much lower rate. During a bear market, however, Beken Corp is likely to outperform the market. Moreover Beken Corp has an alpha of 1.0711, implying that it can generate a 1.07 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Beken Corp Price Density |
| Price |
Predictive Modules for Beken Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beken Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Beken Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Beken Corp is not an exception. The market had few large corrections towards the Beken Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Beken Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Beken Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.07 | |
β | Beta against Dow Jones | -0.31 | |
σ | Overall volatility | 4.45 | |
Ir | Information ratio | 0.26 |
Beken Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Beken Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Beken Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Beken Corp appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 704.59 M. Net Loss for the year was (94.03 M) with profit before overhead, payroll, taxes, and interest of 183.36 M. | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Beken Corporations market cap surged CN409m last week, individual investors who have a lot riding on the company were rewarded - Simply Wall St |
Beken Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Beken Stock often depends not only on the future outlook of the current and potential Beken Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Beken Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 150.4 M |
Beken Corp Technical Analysis
Beken Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Beken Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Beken Corp. In general, you should focus on analyzing Beken Stock price patterns and their correlations with different microeconomic environments and drivers.
Beken Corp Predictive Forecast Models
Beken Corp's time-series forecasting models is one of many Beken Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Beken Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Beken Corp
Checking the ongoing alerts about Beken Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Beken Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Beken Corp appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 704.59 M. Net Loss for the year was (94.03 M) with profit before overhead, payroll, taxes, and interest of 183.36 M. | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Beken Corporations market cap surged CN409m last week, individual investors who have a lot riding on the company were rewarded - Simply Wall St |
Other Information on Investing in Beken Stock
Beken Corp financial ratios help investors to determine whether Beken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beken with respect to the benefits of owning Beken Corp security.